The oil tankers to be used near the Port of Vancouver to transport oil from the Kinder Morgan Trans Mountain pipeline, are definitely large. However, some groups are claiming that are massive super tankers the we need to be terrified of. Aframax tankers is what will be used and they […]
You can draw your own conclusions from the charts below but it is not debatable that Oil Tankers used to get into a lot of serious accidents and spill a huge amount of oil. That is just not the case today.
As you can see in the chart below, the oil tanker business has become dramatically safer in the last 35 years since tanker traffic became popular in the early 1970’s:
The 2017 the tanker oil spill numbers look very similar to the 2010/11 numbers with:
If you do the math, this calculates to oil tanker accidents have been reduced 92% while there has been a 55% increase in their use. That means late 2010’s oil tanker traffic is about 20 times less likely to have a spill than they were in the early 1970’s.
The current Kinder Morgan Trans Mountain pipeline debacle agonizingly demonstrates that even medium scale infrastructure projects are easily stalemated in Canada. This has scared away vast sums of foreign direct investment as investors look for easier, more reliable places to put their money. This is a crisis and it appears […]
UPDATE: Sept 14 2018 – We just added new TMX articles you will find interesting: How Big Is The Pipe In The Trans Mountain Pipeline Expansion? How Big Are the Oil Tankers Heading to BC To Take Oil From Trans Mountain Pipeline? Are Oil Tanker Spills Getting Worse? Spill Statistics […]
Many people, and politicians (which are also people 🙂 ) have suggested that Alberta cut off the oil supply to British Colombia in an effort to punish the BC Premier, John Horgan. While that is one possibility, there are other things that can be done.
Some options are reasonable, some are draconian and some of them are just not possible.
Here are most of the options available to Alberta:
Not Buy Electricity From BC – This is doable and in fact has already started
China’s State Forestry Administration announced that they will add 66000 square kilometers of of trees in 2018 in an effort to reduce pollution. That is nearly the size of Ireland. This massive investment is part of their Paris Accord commitment to forest the area about three times the size of the entire United Kingdom by 2030.
To make this happen, China will use state employees and tens of thousands of soldiers.
Part of this unparalleled tree planting effort will take place in what China calls Forest Cities in 6 key regions of the country:
Should the Province of Alberta buy the Trans Mountain Pipeline from Kinder-Morgan if they want to walk away from the project? That question was posed to Alberta Premier Rachel Notley today and she responded with an emphatic ‘Yes!’.
It has become abundantly clear, whether you are for or opposed to this particular pipeline or not, that having the relatively simple twinning of the existing Trans Mountain pipeline fail to be built would signify the end of even medium scale infrastructure projects in Canada.
There will always be interest groups and affected people that have some legitimate claim against a large project. The standard for projects should not be keeping everyone happy. The standard for infrastructure projects MUST be if they are in the national interest. That national interest contains a giant list important factors including:
Below is a list of current serious Facebook legal issues:
The Canadian Federal Government and the Province of BC agreed to join the separate investigations into Facebook user data being sent to AggegateIQ (part of the Cambridge Analytica scandal)
In the last decade the Dutch have reduced prison inmate populations by 50% and those sentences average to about 90 days in jail. Many people expected this drastic reduction of inmates to lead to a notable increase in crime because:
Contrary to this expectation the fact is that Dutch system has also reduced crime by nearly 40%.
As you can see in the image to the right, the Dutch now use their old prisons as temporary housing for some refugees.
How can that be? In simple terms, it turns out that after thousands of years of trying different forms of incarceration and punishment that Europeans have figured out:
In the aftermath of the Facebook / Cambridge Analytica scandal, Facebook has upped the reported number of user profiles included from the original number 50 million to 86 million. Most of those users profiles were from Americans but 660,000 of them were Canadian. Those are some big numbers. To give […]
Today Bloomberg’s Michael Bellusci wrote an article explaining that Canadian oil and gas companies are in deep trouble. Here is an excerpt:
Canada’s Energy Industry Faces ‘Extinction’ Without M&A, BMO Says
On the same day, Global News reported:
Feds to spend $280k to study why Canada’s oil and gas sector is falling behind
The federal government plans to spend up to $280,000 for a new study on Canada’s competitiveness in the oil and gas industry as investment lags and the United States offers new incentives for companies to move south…
Source: globalnews.ca/news/4123026/oil-and-gas-canada-falling-behind-study/
In general terms the issue is that with low oil prices, oil companies see better places in the world to put their money than Canada. Oil & Gas “activists” will initially claim a victory here because they have had some impact on making it difficult to get Canadian Oil and Gas to both international and domestic markets.
A man died and went to Heaven. As he stood in front of St. Peter at the Pearly Gates, he saw a huge wall of clocks behind him.
He asked, ‘What are all those clocks?’
St. Peter answered, ‘Those are Lie-Clocks. Everyone who has ever been on earth has a Lie-Clock. Every time you lie, the hands on your clock move.’
‘Oh’, said the man. ‘Whose clock is that?’
‘That’s Mother Teresa’s’, replied St. Peter. ‘The hands have never moved, indicating that she never told a lie.
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There is a crisis at Facebook because of the constant negative media coverage of the Cambridge Analytica scandal causing users to question staying on the product and that has caused Facebook stock drop a truly staggering $70B in value in 11 days. It’s founder, Mark Zuckerberg, owns 28.2% of the company so he has lost $20B personally.
There is a also crisis being experienced by some Facebook users that have finally realized Facebook and nearly all other ‘free’ online services are harvesting personal data to allow others to micro-target advertising at them. WHO DIDN’T KNOW THIS ALREADY? Apparently millions of people thought Facebook was some benevolent do-gooder, that provided a complex service for free because they were nice people.
The saying in the industry holds as true today as it did in the 1999 when it was coined: “You are not the customer; you are the product“.
The only ethically questionable behavior by Facebook in this current crisis, was corrected way back in the spring of 2015. That issue was the ability of users to share not only their own information, but that of their friends (if those friends had not changed default privacy settings).
Facebook made USD$40B in 2017 and that was another record amount for them. They did this by monitoring you, figuring out what you might be interested in and then allowing advertisers to target you personally, just like they said they would.
The along came Cambridge Analytica who used a large set of Facebook user data and figured out patterns they could use to apply to other Facebook users. Cambridge Analytica organized the social media efforts for the Donald Trump Presidential campaign and now it is a political crisis too.
It is important to note that:
